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According to the public record, 48, Arklecrag, Washington is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 659 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Arklecrag, Washington is £57,499 and the estimated rental value is £423 per month.
Arklecrag, Washington, NE37 is located in the borough of Sunderland within the NE37 postal district.
48, Arklecrag, Washington has a single entry in the Land Registry from May 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 48, Arklecrag, Washington is in very good condition we estimate a sale value of £60,374 and a rental value of £444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £53,474 and a rental value of £393 per month.
Over the last 12 months the sale value of 48 Arklecrag Washington has decreased by an estimated £974 (1.7%) and its rental value has increased by an estimated £6 per month (1.3%), giving an expected gross yield of 8.8%.
According to HM Land Registry, 48, Arklecrag, Washington was last sold on 16th May 2022 for £57,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Arklecrag, Washington within a radius of 650 metres over the last 2 years.
The most recent example is 33, Arklecrag, Washington, NE37 1RB, a leasehold flat which sold for £50,000 on the 18th February 2022.
Read more about house prices in NE37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arklecrag, Washington, NE37 has a total of 105 addresses. According to our analysis of all the public data, 48, Arklecrag, Washington is the 71st largest and the 84th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in NE37.
The closest station to 48, Arklecrag, Washington is Heworth station which is 5.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Arklecrag, Washington, 56.9% of property is socially rented and 22.8% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 48, Arklecrag, Washington, 18.0% of residents are recorded as possessing school level qualifications and 12.9% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48, Arklecrag, Washington, the average age was 42.9 and the most common age was 72.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 48, Arklecrag, Washington, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 48, Arklecrag, Washington, there are an average of 0.7 cars per household.
See below for how this compares to North East and the rest of England & Wales.
